Half-hearted CEOs who rarely venture outside the castle walls end up with dysfunctional (or worse) organizations. But there are practices you can develop to stay current with the world outside your office.
Once a business for purchase is identified, buyers can follow a tried and true path to a successful purchase, avoiding common pitfalls and red flags along the way. Part two of a two-part series on business transactions.
Research on “diffusion of responsibility” found that we’re most likely to take heroic action when we’re alone rather than with others.
There are no mulligans when selling a business. Sellers only get one shot at doing it right. Follow these essential steps to avoid common pitfalls and gauge buyer-fit for a successful business transaction.
There is some evidence that the longer CEOs remain in the corner office, their relationship with the outside world may suffer. This can be attributed to entrenchment.
As business owners, our most precious resource is our time and how we use it. And how do we maximize this valuable resource of time? The only way to move forward is through delegation and efficiency gains.
Whether you’re a new manager or a seasoned CEO, now is the perfect time to get the real picture. Understanding what you’re good at and where you’re weak shouldn’t be threatening — it should be educational and transformational.
Getting people together is a great idea. The more face time the better. I also support entertainment and lots of downtime to let people get acquainted. But for a leader to miss the opportunity to communicate real content is a shame.
Too often, charities operate in silos. They excel at their chosen missions, but in general do so independently and without sufficient focus on the bigger picture.
Hiring the right employees can be a major boost to your business and affect the following three facets: culture, productivity and your bottom line.
Time is precious and finite. Your time as a business owner is precious. Your focus as a business owner is finite. Your time and how you use it make the difference for your business.
Comparing leadership and athletic performance is tenuous at best. You cannot bluff your way onto an Olympic team. People can, however, sometimes bluff their way into leadership roles without the essential talent or experience.